Crypto News
Bitcoin Faces Continued Pressure Amid Weak Liquidity Inflows
Bitcoin remains vulnerable to downward pressure due to tight liquidity conditions and weak investor sentiment, with ETF outflows and cautious market behavior persisting. (Read More)Source link
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Crypto Market Maker DWF Labs Establishes $250M Liquid Fund
Crypto market maker and investor DWF Labs said it established a $250 million fund for investment in mid and large-cap cryptocurrency projects.Investment sizes will range from $10 million to $50 million per project, providing capital and ecosystem support, DWF Labs said in a Monday email.The firm emerged as a prolific crypto industry investor in 2023, with much of its investments involving buying several million dollars' worth of a project's native token. The approach, which differs from the traditional venture capital model of investing in return for equity, drew some criticism from commentators. DWF Labs' position as a market maker meant they kept their tokens on exchanges, indicating a risk they could sell them at any time. Managing partner Andrei Grachev...
The DeFi Time Bomb: Market Manipulation, Low Liquidity Threaten Industry’s Future
A recent Kaiko Research report highlights how market manipulation tactics, such as sandwich attacks on platforms like Uniswap and Hyperliquid, deter institutional players from engaging with decentralized finance. An expert recommends full insurance coverage for DeFi assets and transaction privacy to enhance institutional confidence. Rising Incidents of Sandwich Attacks A recent report by Kaiko ResearchSource link
Ether Supply on Centralized Exchanges Hits 9-Year Low
The number of ether (ETH) held in wallets tied to centralized exchanges has dropped to an over nine-year low of 8.97 million tokens, according to data tracked by CryptoRank and Santiment. That's the lowest tally since November 2015.The continued exodus of coins from centralized trading platforms may result in reduced availability of coins in the market, potentially leading to an upward price surge."Investors continue moving ETH to cold storage, reducing available liquidity. BTC saw a similar trend in January when exchange reserves hit a 7-year low, followed by a sharp price surge," CryptoRank said.The number of BTC held on centralized exchanges hit a seven-year low on Jan. 13 following which prices climbed from roughly $90K to over $109K in the...